The American Recovery and Reinvestment Act of 2009 is a clear example of:

A. Nondiscretionary fiscal policy that made the cyclically-adjusted budget become more positive

B. Nondiscretionary fiscal policy that made the cyclically-adjusted budget become more negative

C. Discretionary fiscal policy that made the cyclically-adjusted budget become more positive

D. Discretionary fiscal policy that made the cyclically-adjusted budget become more negative

D. Discretionary fiscal policy that made the cyclically-adjusted budget become more negative

Economics

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Name and briefly describe the three balance of payments accounts

What will be an ideal response?

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The M2 money supply is represented by

A) M2 = × MB. B) M2 = × . C) MB = × M2. D) MB = × .

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Economics